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Mccormick & (MKC) Stock News

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McCormick & Company, Incorporated reports developments in its global flavor business, which manufactures, markets and distributes herbs, spices, seasonings, condiments and flavors for retailers, food manufacturers and foodservice customers. Its portfolio includes brands such as McCormick, French's, Frank's RedHot, OLD BAY, Zatarain's, Cholula, Lawry's, Stubb's and Thai Kitchen, with operations organized around Consumer and Flavor Solutions.

Recurring McCormick news includes quarterly and annual operating results, sales and margin commentary, outlook updates, dividend declarations, analyst and investor presentations, brand investment, innovation, distribution activity, portfolio review and capital-structure matters.

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McCormick (NYSE: MKC) appointed Cindy Hoots, former Chief Digital Officer & CIO at AstraZeneca, to its Board of Directors effective June 1, 2026. She brings extensive experience in digital transformation, technology strategy, cybersecurity, AI, and CPG innovation. The Board will now have 12 directors, including 11 independent members, supporting McCormick's board refreshment and governance priorities.

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McCormick (NYSE: MKC) will participate in Deutsche Bank's annual dbAccess Global Consumer Conference at 4:30 PM CEST / 10:30 AM ET on June 2, 2026.

Chairman, President & CEO Brendan Foley and EVP & CFO Marcos Gabriel will represent the company. A live audio webcast and replay will be accessible via McCormick's investor relations website.

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McCormick (NYSE: MKC) awarded $105,000 in scholarships through its 2026 Unsung Heroes program, honoring unselfish high school student-athletes in the Baltimore area.

Two students, Tempris Harrison and Avery Ray, each received a $40,000 Charles Perry McCormick Scholarship, with four additional students receiving scholarships of $7,500 and $5,000.

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McCormick & Company (NYSE: MKC) will participate in a fireside chat with Barclays analyst Andrew Lazar on April 14, 2026 at 10:00 AM ET. Brendan Foley, Chairman, President & CEO, and Marcos Gabriel, EVP & CFO, will represent the company.

A live audio webcast and a replay will be available via the company's investor website ir.mccormick.com.

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McCormick (NYSE: MKC) declared a $0.48 quarterly dividend per share, payable April 27, 2026 to shareholders of record on April 20, 2026. This marks the company’s 102nd consecutive year of paying dividends.

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McCormick (NYSE:MKC) will combine with Unilever Foods (NYSE:UL) to create a global flavor-focused company with approximately $20 billion in combined 2025 revenue. The transaction implies an enterprise value of ~$44.8 billion for Unilever Foods and anticipates $600 million annual run-rate cost synergies achieved by year 3.

The deal funds include $15.7 billion cash to Unilever and equity representing 65% of combined-company issuance to Unilever shareholders; closing is expected by mid-2027, subject to approvals.

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McCormick (NYSE: MKC) reported first-quarter fiscal 2026 results with net sales up 16.7%, driven largely by the January acquisition of McCormick de Mexico and modest organic price-driven growth. Adjusted operating income rose to $267.6 million and adjusted EPS was $0.66.

The company reaffirmed its 2026 outlook: net sales growth 13–17%, acquisition contribution ~11–13%, adjusted operating income growth 16–20%, and adjusted EPS $3.05–$3.13, with continued investment in brands and CCI cost programs.

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McCormick (NYSE: MKC) confirmed on March 20, 2026 that it is engaged in discussions with Unilever regarding a potential strategic transaction involving Unilever's Foods business.

The company said there is no certainty on any agreement, terms, or timing, and that it routinely evaluates portfolio and strategic options to maximize shareholder value. McCormick does not plan additional comment unless further disclosure becomes appropriate.

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McCormick (NYSE: MKC) will report first quarter 2026 financial results on Tuesday, March 31, 2026 at 8:00 a.m. ET with a live conference call and webcast.

Executives Brendan Foley, Marcos Gabriel, and Faten Freiha will host. A live audio webcast, presentation materials, and an archived replay (available until April 21, 2026) will be posted at the company investor website.

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McCormick (NYSE: MKC) will present at the Consumer Analyst Group of New York (CAGNY) Conference on February 17, 2026 at 5:00 p.m. ET. Brendan Foley, Chairman, President & CEO, and Marcos Gabriel, Executive VP & CFO, will deliver the presentation. The event will be webcast live on the company's investor site at ir.mccormick.com, and a replay will be available after the event on the same site.

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FAQ

What is the current stock price of Mccormick & (MKC)?

The current stock price of Mccormick & (MKC) is $47.37 as of May 29, 2026.

What is the market cap of Mccormick & (MKC)?

The market cap of Mccormick & (MKC) is approximately 12.6B.